IPO

Kioxia targets spring 2027 US listing after 900% stock surge

Kioxia Holdings, the Japanese flash memory maker that has become the most valuable company on the Tokyo Stock Exchange this year, announced plans to offer US depositary shares in the spring of 2027, targeting an April-to-June launch window in what…

SK Hynix plans record $29 billion Nasdaq ADR listing

South Korea's SK Hynix announced on Wednesday that it plans to raise up to 45.45 trillion won ($29.4 billion) through a listing of American Depositary Receipts on the Nasdaq, a deal that would dwarf any previous ADR offering and rank…

SpaceX joins FTSE All-World Index 10 days after record IPO

Space Exploration Technologies Corp. became a constituent of the FTSE All-World Index on Monday, just ten days after its record-shattering debut on the Nasdaq, capping a whirlwind entry into global capital markets that has left analysts deeply divided over how…

Hyundai to fully acquire Boston Dynamics in $325M deal

Hyundai Motor Group is set to acquire SoftBank Group's remaining 9.65% stake in Boston Dynamics for $325 million, a deal that would give the South Korean automaker full ownership of the robotics company behind the humanoid robot Atlas.

OpenAI burned $3.7B in Q1 2026, over half its revenue

OpenAI spent $3.7 billion during the first three months of 2026, more than half of its $5.7 billion in revenue for the period, according to documents the company shared with shareholders, The Information reported on Tuesday.

ChatGPT’s market share falls below 50% for first time

OpenAI's ChatGPT has lost its majority hold on the AI assistant market for the first time, with its "True Audience" share dropping below 50% in March 2026, according to Sensor Tower's State of AI 2026 report released on Monday. The…

OpenAI’s leaked financials show $39B loss ahead of IPO

OpenAI lost roughly $39 billion in 2025 while spending $34 billion to maintain its lead in the artificial intelligence race, according to audited financial figures reported by the Financial Times on Monday, just over a week after the company confidentially…

Altman tells staff OpenAI expects to go public within a year

OpenAI CEO Sam Altman told employees earlier this week that he expects the company to go public "within the next year," according to a report by The Information on Wednesday, offering the most specific timeline yet for what could become…

SpaceX targets late 2027 for orbital AI tests ahead of record IPO

SpaceX is pushing to demonstrate space-based artificial intelligence computing infrastructure by late 2027, ahead of the "as early as 2028" deployment timeline disclosed in its IPO filing, according to Reuters. The accelerated schedule emerged during investor presentations ahead of the…

Musk says orbital AI data centers need no ‘magic’ ahead of SpaceX IPO

SpaceX released a roughly 31-minute video on Monday in which CEO Elon Musk and engineer Ian Dahl laid out plans for AI satellites designed to function as computing nodes in orbit, positioning the concept as central to the company's future…

OpenAI outlines ‘third phase’ plan, files for IPO

OpenAI CEO Sam Altman and chief scientist Jakub Pachocki published a blog post on Monday declaring the company is entering its "third phase," shifting its ambitions from research breakthroughs and product launches toward making advanced AI universally accessible and safe.

Anthropic confidentially files for IPO after $965B valuation

Anthropic announced Monday that it has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission, taking its first formal step toward a potential initial public offering of its common stock. The filing positions…

SpaceX launches first Starship V3 but loses booster over Gulf of Mexico

SpaceX launched its upgraded Starship V3 megarocket on Friday evening from Starbase, Texas, marking the debut of the company's most powerful rocket design yet. While the upper stage successfully deployed 22 dummy Starlink satellites and completed a controlled splashdown in…

Largest private Rembrandt collection to go public in 2026

Kaplan's vision extends beyond traditional art ownership, drawing inspiration from the NFT boom of the early 2020s. The businessman, who began assembling the collection in 2003 with his wife Daphne Recanati Kaplan, has applied for trademarks including "Rembit" and "Rembitcoin"…